| Grid Corporation of Orissa Limited |
| Regd.Office :
Janpath, Bhubaneswar - 751 022 |
| Profit & Loss account for the Year Ended March 31,2006 |
| |
|
|
Rupees |
| |
|
|
For the year ended 31.03.2006 |
For the year ended 31.03.2005 |
| INCOME |
|
|
|
|
| Revenue
from Sale of Power |
|
25,986,145,365 |
|
28,444,063,742 |
| Other
Income |
|
1,355,337,859 |
|
1,064,575,452 |
| Total |
|
|
27,341,483,224 |
29,508,639,194 |
| EXPENDITURE |
|
|
|
|
| Purchase
of Power |
|
23,644,562,533 |
|
17,293,125,685 |
| Distribution,
Administration & Other Expenses |
|
42,952,791 |
|
2,341,081,032 |
| Depreciation |
|
- |
|
1,055,406,230 |
| |
|
|
23,687,515,324 |
20,689,612,947 |
| |
|
|
|
|
| Profit/
(Loss) before Interest & Finance charges |
|
|
3,653,967,900 |
8,819,026,247 |
| |
|
|
|
|
| Interest
& Finance Charges |
|
|
(3,439,144,381) |
(4,969,866,642) |
| |
|
|
|
|
| Net Prior
Period Income / (Expenditure) |
|
|
43,600,848 |
(275,375,581) |
| |
|
|
|
|
| Profit/(Loss) before
Taxation & Contigency |
|
|
258,424,367 |
3,573,784,024 |
| Reserve
Appropriation |
|
|
|
|
| Provision
for Taxation :- |
|
|
|
|
| Current
Tax |
|
|
- |
- |
| Fringe
Benefit Tax |
|
|
(209,696) |
- |
| Appropriation
to Contigencies Reserve |
|
|
- |
(88,164,693) |
| Profit/(Loss) After Taxation & Contigency Reserve |
|
|
258,214,671 |
3,485,619,331 |
| Balance of
P&L Account Brought Forward from Last Year |
|
|
(10,281,444,145) |
(13,767,063,476) |
| |
|
|
|
|
| Balance
Carried over to Balance Sheet |
|
|
(10,023,229,474) |
(10,281,444,145) |
| |
|
|
|
|
|
|
|
|
|